Inergy LP - 2011-01-20

Priced an aggregate principal amount of 6 7/8% senior unsecured notes. The offering size was increased from $700 million.

Inergy expects to amend and restate its existing $525-million credit agreement to add a $300-million term loan facility. The net proceeds from the notes offering and the new term loan facility will be used to fund the tender offers and redemptions of certain series of senior unsecured notes.